Re:Vauld suspends all withdrawals, trading and deposits on t...
by notahacker on Monday July 04, 2022 @05:35AM
(#31975220)
"Loss of business opportunity" feels particularly broad in a clause giving them scope not to repay your money... almost like they wanted to leave scope to rugpull even if the service was operating at a small profit.
"23.3. Please note that in particular, any of your losses caused by any of the following events, including but not limited to: "
" loss of profits, sales, business, business opportunity or revenue; " (they made this section a lighter hard to read gray than the rest of their TOS)
https://www.vauld.com/legal/terms-and-conditions
Even Celsius was more straightforward
"In the event that Celsius becomes bankrupt, enters liquidation or is otherwise unable to repay its obligations, any Eligible Digital Assets used in the Earn Service or as collateral under the Borrow Service may not be recoverable, and you may not have any legal remedies or rights in connection with Celsius’ obligations to you other than your rights as a creditor of Celsius under any applicable laws."
https://celsius.network/terms-of-use